New Zealand structured products boutique Absolute Capital Group has announced that it raised over NZ $30m (£11.7m) for it latest Packaged Income Notes (PINs) from retail and institutional clients.The notes, which are linked to a portfolio of 20 specialist credit managers, aim to pay 9.25% per annum over seven years. Deon Joubert, group md for Absolute said: “Having spent four years working with New Zealand’s retail and institutional investors to develop a new kind of product we are naturally del
